MON

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0584%/8h= +64.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.186%

Price spread now: Aftermath Perps against Phoenix−0.117%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aftermath Perps is 0.117% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 16 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix MON	0.02510	0	get 0.0000% / 1h	39m 06s	$13K	$349K	5x
Short	Aftermath Perps MONUSD	0.02507	0.0584	get 0.0073% / 1h	39m 06s	$5K	$101K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee Aftermath PerpsbpOrdersPrice spread, now −0.117%Rate

Funding earned: $122.68
Price spread: −0.117% → 0.000%: −$11.65
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $95.03
Costs to cover: 0.160%
Break-even: 1.6 days

Slippage unknown: Phoenix: live order book, 63 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phoenix live order book, 63 min ago	1.20 bp	12.9 bp −$13	52.4 bp −$524	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MON on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MON/USDC PERP	−0.0032%	1h	0.02500	−0.387%	$5K	$110	5.5x	as long as short
Phoenix MONlong	0.0000%	1h	0.02510	long leg	$13K	$349K	5x
Perpl MON	0.0000%	43m	0.02506	−0.139%	$126K	$2.2M	10x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02506	−0.143%	$73K	$138K	25x	as long as short
Lighter MON	+0.0096%	1h	0.02508	−0.068%	$804K	$785K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02504	−0.214%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02508	−0.051%	$394K	$578K	10x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02507	−0.111%	$99K	$213K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02510	+0.002%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02508	−0.068%	$139K	$92K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MONUSDT	+0.0100%	4h	0.02505	−0.187%	$23.8M	$27.6M	75x	as long as short
Bybit MONUSDT	+0.0100%	8h	0.02504	−0.227%	$20.8M	$13.8M	50x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02504	−0.227%	$4.2M	$6.2M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02505	−0.187%	$103K	−$0	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02507	−0.108%	$945K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02512	+0.092%	$2.9M	$766K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02508	−0.068%	$2.7M	$2.3M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02507	−0.128%	$109K	$156K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02507	−0.107%	$744K	$411K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02509	−0.044%	$41K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02511	+0.053%	$566K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02510	+0.012%	$68K	$538K	50x	as long as short
Orderly PERP_MON_USDC	+0.0100%	4h	0.02507	−0.108%	$16K	$42K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02506	−0.147%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02508	−0.053%	$47K	$314K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02506	−0.139%	$38K	—	3x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0231% / S −0.0246%	1h	0.02506	−0.147%	$6K	—	50x	as long as short
Hyperliquid MON	+0.0271%	1h	0.02508	−0.072%	$33.9M	$7.8M	5x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02507	−0.108%	$1.3M	$341K	75x	as long as short
01 Exchange MONUSD	+0.0344%	1h	0.02505	−0.191%	$6K	$3K	5x	as long as short
Aftermath Perps MONUSDshort	+0.0584%	1h	0.02507	−0.117%	$5K	$101K	10x
Coinbase International MON-PERP-INTX	+0.0680%	1h	0.02515	+0.203%	$111K	$55K	50x	as long as short
Kraken Futures PF_MONUSD	+0.1201%	1h	0.02509	−0.033%	$269K	$119K	10x	as long as short